More than 100 advisers surveyed by residential investment specialist Castle Trust said that, on average, 42 per cent of their clients was enquiring about the asset class on the back of booming house prices in areas like London and the south east.
Advisers themselves think that house prices will increase by around 21 per cent in the next ten years, adding £37,773 to the value of an average home.
Sean Oldfield, chief executive of Castle Trust, said the firm had seen record take-up for its ‘Housa’ fund range, which tracks growth in the Halifax House Price Index.
The research confirmed separate statistics from the Investment Management Association released at the beginning of the month, showing that property had fast become one of the best-selling sectors in the industry with net retail sales of £232m.
Property was the third best-selling sector in January, the same position it held in December 2013, with sales at their highest level since March 2010.
